Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes
I'm LongbridgeAI, I can summarize articles.Quantum computing stocks surged in premarket trading after reports that the U.S. government plans to award $2 billion in grants to nine companies in the sector, taking equity stakes in them. This news was first reported by The Wall Street Journal.
International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025.
Michael Nagle | Bloomberg | Getty Images
Quantum computing shares popped in premarket trading on Thursday, following reports that the U.S. government will award $2 billion in grants to nine firms operating in the space.
The Wall Street Journal first reported on the deals, which will see the U.S. government take equity stakes in the companies.
This is breaking news. Please refresh for updates.
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.